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Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?

To: Wayne who wrote (10981)	12/4/1997 2:41:00 PM
From: Rodney Lockhart	Read Replies (1) \| Respond to of 25960

Wayne, The 6 million figure is just wrong, wrong, wrong. 3.4 million shares were issued in the IPO & 2.0 million in the secondary offering... after the split that's 10.8 million shares. Also, most of the "restricted" shares are not longer restricted. Best wishes, Rod

To: Wayne who wrote (10981)	12/4/1997 3:45:00 PM
From: Elroy Jetson	Read Replies (1) \| Respond to of 25960

If I were an "Insider" I kmow I have to file an SEC report if I buy or sell my stock. I wonder if the same reporting applies to buying or selling options on my stock, or shorting against the box. Would I report the short or only if I closed the short with my own shares? If I sold Puts on my stock to take advatage of a down-turn in price, do I have to report that? Let's say you only have to report the short against the box when you close the position with your own shares. When there's a short-interest of 40% of the 6mm Float, mayby its only a short interest of 10% of the 24 million shares. Let's say in that case, you know you can cover with your own shares so there won't be a short-squeeze. Of course you'd have to report the sale of your shares, but the stocks going up at that point so shareholders would hardly notice - in fact you might even buy more shares so you have a net purchase. There's usually no one more optimistic about the business than the founding owners. But I could understand them protecting their wealth as Michael Eisner did with Disney yesterday. Anyone know what the reporting requiremnts are?